Daily Takes — October 29, 2026

I think this is big for institutional adoption of $BTC. They're bringing in the heavyweights – Google Cloud – to offer custody solutions. This makes it way easier for funds and corporations to legitimize holding BTC without worrying as much about security. My take is it removes a major hurdle for the big players who've been hesitant. But the risk here is that it could just shift the market without a significant price bump, as institutional money often enters gradually. Compare it to $ETH, which still struggles with broad institutional custody solutions, showing BTC is making real inroads.